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Product Differentiation

by James Tierney

When teaching students about the different types of firm structures, we always discuss monopolistic competition and how firms try to differentiate their products to get positive economic profits. This short clip shows how Toys R Us is staying open for 87 hours straight to differentiate itself from other toy stores around the holiday season.

SNL Weekend Update -- Product Differentiation

During the Weekend Update, Seth Myers explains how Toys R Us will be staying up longer than usual.

from Saturday Night Live (2013)
Creator: NBC Studios
Distributor: Hulu
Posted by James Tierney